SBA Communications (SBAC) Receives a Buy from Barclays
In a report released today, Brendan Lynch from Barclays maintained a Buy rating on SBA Communications, with a price target of $212.00.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Lynch covers the Real Estate sector, focusing on stocks such as Kilroy Realty, American Tower, and SBA Communications. According to TipRanks, Lynch has an average return of -4.5% and a 37.59% success rate on recommended stocks.
Currently, the analyst consensus on SBA Communications is a Moderate Buy with an average price target of $227.45.
Based on SBA Communications’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $732.33 million and a net profit of $236.82 million. In comparison, last year the company earned a revenue of $667.6 million and had a net profit of $258.53 million
Read More on SBAC:
Disclaimer & DisclosureReport an Issue
- SBA Communications price target lowered to $219 from $226 at Barclays
- SBA Communications price target lowered to $232 from $235 at RBC Capital
- SBA Communications’ Earnings Call Highlights Growth and Optimism
- SBA Communications price target lowered to $237 from $249 at TD Cowen
- Neutral Rating on SBA Communications Amid Millicom Acquisition Delays and Leverage Adjustments
